JP Morgan posts record quarterly securities services revenue total of $1.26 billion
The firm’s assets under custody registered slight growth to top $34 trillion.
Tag: JP Morgan
JP Morgan appoints new head of securities services in Korea
With nearly three decades worth of industry experience, executive joins JP Morgan from Standard Chartered Bank.
Custody
JP Morgan selects HSBC and Standard Chartered as sub-custodians for Hong Kong and Taiwan
Selection made following due diligence and review process, with parties aiming to complete the transition by the end of 2024.
Client education the key focus for custodians ahead of T+1 switch
Education on the affirmation process is particularly important for Europe and Asia-based clients.
JP Morgan explores portfolio tokenisation as part of wide-reaching MAS initiative
The PoC has been launched as part of the Project Guardian initiative, which features 17 financial institutions, including the likes of BNY Mellon and Citi.
Europe ‘must walk before it can run’ with T+1
Executives from the DTCC, Goldman Sachs, JP Morgan and AFME want to see an improvement in settlement efficiency in Europe before committing to a shortened settlement cycle.
JP Morgan furthers securities services data capabilities with Fusion upgrade
Expansion will enable investors to access data held by JP Morgan’s custody, fund accounting and middle-office services through cloud-native channels.
Funds industry
Fireside Friday with… JP Morgan’s Suryanshu Mishra
JP Morgan’s global head of fund services, Suryanshu Mishra, discusses the growing role of technology in the fund services space and how evolving client needs are shaping the firm’s strategy.
JP Morgan appoints new global securities services operations lead
Internal promotion with 27 years’ experience at JP Morgan was previously responsible for the bank’s global markets operations.
AccessFintech secures $60 million in Series C with investments from BNY Mellon, JP Morgan and Citi
Latest funding round brings the total capital raised by the fintech to $97 million since 2018.